Mortgage Calculator™

Mortgage Calculator™

By MH Riley Ltd

  • Category: Finance
  • Release Date: 2010-12-18
  • Current Version: 2.8
  • Adult Rating: 4+
  • File Size: 31.61 MB
  • Developer: MH Riley Ltd
  • Compatibility: Android, iOS 12.1
Score: 4.69531
4.69531
From 128 Ratings

Description

*** SALE NOW ON - 50% off *** *** Featured in the Sunday Times App List 2012 *** *** Featured as 'What's Hot' by Apple *** 'Mortgage Calculator' has one aim - To SAVE YOU MONEY on your mortgage! If you're buying a house, looking to re-finance, or simply want to make the most of your existing mortgage, then this is the perfect app for you. Try out various 'What-If' scenarios and quickly see how extra payments can save you a whole lot of time and money. You can enter any number of Monthly, Yearly or One Off extra payments, at any period during the loan. Then watch the total loan length and cost go down. You may be surprised by just how much! Easily visualise your cost savings in the simple and interactive charts. Just slide your finger along to see the costs for each year. 5-Stars - "...beautiful, simple graphs which make tricky decisions a whole lot easier." 5-Stars - "...really helped me to compare the different mortgage deals" *** Highlights *** -------------------- Specially designed for the US market: √ See effect of regular or one off Extra Payments √ Variable Rates support √ Calculate the 'True Cost', by including Tax etc √ Takes into account PMI √ Try out various 'What-If' scenarios √ Email a PDF or HTML of the loan details √ Support for ARM 3/1, 5/1, 7/1 mortgages √ Charts allow easy visualisation of the costs √ Make an informed choice by comparing loans √ Backup & Restore via Dropbox √ Passcode protection √ Elegant, simple and powerful user interface *** Quick Calculators *** ----------------------------- Super quick calculators for instant answers: √ How much can you afford to borrow? √ Monthly Payments √ Money Saving Effect of Extra Payments √ Cost of Moving House *** Analyse & Compare *** --------------------------------- Visualise mortgage costs in simple, easy to understand charts: √ Store details of multiple mortgages √ Easily see the costs for each year with a slide of the finger √ Try out various 'What-If' scenarios √ Extra payments can 'Reduce Term' or 'Reduce Payments' √ Include Tax, Insurance, PMI in the payments √ Support for 'Repayment' or 'Interest Only' √ Monthly breakdown of costs (Amortization) √ Compare up to 4 mortgages side by side √ Support for ARM 'Initial Rates' e.g. 4% for 3 years *** Voted #1 Property App - upack.com *** --------------------------------------------------- "The strongest arrow in its quiver is the way it handles hypothetical situations, letting you analyze all manner of mortgage-related queries, such as how much you can afford to borrow, and a variety of other what-if scenarios..." Note that multiple currencies are supported!

Screenshots

Reviews

  • Enjoy this

    5
    By Minpinbakke45
    This is great to compare refinance options and see the impact of making additional principal payments toward goals. Definitely shows you visually the amortization breakout.
  • Accurate, Quick and Easy

    5
    By Rayphoto
    The app makes it easy for me to provider information to my clients.
  • Awesome!

    5
    By ThinkDiff709
    Keep it coming!
  • Ssfifty

    5
    By SSFifty1
    Awesome program!!!!!!
  • Basic, but very useful

    5
    By LivingAbroad45
    Not a lot of features, but quickly gets to the root of cals needed. I like it for its speed and it remembers my work. Update Aug 22: I wish it would reach across all my platforms. Would be nice to Nice to be able to show impact of a balloon payoff at a future year. Would be nice to have a feature to incorporate the cost of an outside loan. Like the cost of debt for a down payment. Thx.
  • Buying smart

    5
    By Scouter111111
    I love this app. Before buying or financing any big purchase I run the numbers here. I can see the affect of interest rates and monitor payoff dates of items. I share information with family and coworkers about how I have my money working for me and not just sitting in the bank. Anything I finance has to bring in income that is 40% more than my payment. But I like buy small houses with a 5 year payoff and then have get 90% positive cash flow.
  • 🤠

    5
    By Amw19801
    Great App Keeps track Of multiple properties.
  • Great App

    5
    By fladtheimpaler
    I use several of this developer’s apps and they are all feature rich and intuitive. Frequent updates and application support.
  • Solid program

    4
    By LTC R
    Good app for tracking mortgage details as well as simulation of early payoff effects on overall interest etc.
  • Great App

    5
    By Kataczenki
    Totally worth it! You can make tweaks to your loan info and see how quickly you will pay off your loan.

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